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    620 E King St Lancaster, PA 17602

    For Sale
    $419,900

    MULTI_FAMILY - Other - LANCASTER, PA

    Property size:
    2,461 SF
    Lot size:
    0.05 Acres
    Days on Market:
    47
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for 620 E King St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    On Street
    Size
    2,461 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Hot Water(Heating), Electric (Heating), Baseboard
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1940
    Number of units
    4
    Building materials
    Brick, Masonry
    Architectural style
    Other

    KW Realty, Inc. d/b/a/ Kingsway Realty (717) 733-4777 [email protected]

    Listing agent Chris Beiler (717) 201-0838 License #RS330808

    Listing date Oct 23, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lancaster City Turnkey Investment Opportunity

    This four-unit property presents a great investment opportunity on the East Side of Lancaster City. The property is turnkey and ready to generate income immediately, as it is fully occupied and managed by a management company. The rental license is valid through 2027 and can be transferred to the new owners. The property has a size of 2461 square feet and is located on a lot of 0.05 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.29243469
    Latitude
    40.0393219

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    FAQs

    What type of property is this?
    Quadplex - Fully occupied four-unit property with rental license through 2027.
    Where is this quadplex located?
    The property is located at 620 E King St Lancaster, PA.
    What is the asking price?
    The asking price for this property is $419,900.
    What are key features of this property?
    This property features: - Turnkey four-unit investment property - ready for immediate income.; - Fully occupied with existing management company in place.; - Transferable rental license valid through 2027.
    (717) 201-0838
    Request Owner's contact information
    620 E King St Lancaster, PA 17602
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    Lancaster, PA 17602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    620 E King St Lancaster, PA 17602
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